A Look Inside The Recent Rise In LNG Disputes

Law360, New York (August 4, 2016, 12:31 PM EDT) -- Although some in the liquefied natural gas industry are generally aware of price review disputes (mostly in Europe) that occurred during the last decade, the growing overall trend globally in LNG disputes[1] (especially via international arbitration) is relatively unnoticed. In fact, we have identified, from public and confidential sources, at least 72 notable LNG disputes,[2] with half of these identified disputes occurring since 2010.[3] In the vast majority of these disputes, one or more parties eventually resorted to filing arbitration or litigation to resolve their disagreement.

Illustrations of public LNG disputes in 2016 are:

Gail's effort to renegotiate its long-term LNG...

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